HIST 221 Lecture Notes - Lecture 20: Second New Deal, Franklin D. Roosevelt, Underconsumption

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End Poverty in California (EPIC)
Upton Sinclair's campaign for government of California
Public works, social welfare (distribution of money to poor
people), tax reform
I, Governor of California and How I Ended Poverty
People wanted to take the democratic party and wanted
to move it in a more socialist direction
§
Production for use plan
Factories
§
Farms
§
Movie studios
People should be able to use these facilities to do
whatever they wanted with like making movies
supporting the union or farming, etc.
§
Important influence on the New Deal
Becomes increasingly radicalized by the poverty he sees
around him
This campaign freaked out Franklin Roosevelt
Leftist activism worried people in the democratic party
who did not want to be taken over by socialists
§
Affected how FDR framed the New Deal going forward
§
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Second New Deal (1935-38)
Coincides to when FDR starts campaigning for re-election
-
Aimed to street the New Deal into a more populist direction
Worries about radical politics
-
Turn to focus on under-consumption
Consumption had been the power of US economic growth, the
New Deal isn't giving people enough money to consume and
inject money back into the economy to get it where it was and
balance the economy
-
Sought to boost consumer power through: (a policy that was aimed
to redistribute wealth)
-
Lecture 20 - Which American Way? Part II
Wednesday, February 21, 2018
9:31 AM
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Sought to boost consumer power through: (a policy that was aimed
to redistribute wealth)
Support strong labour unions
Larger social welfare programs
Ambitious public work programs
-
Fiscal policy: viewed government borrowing as useful
Continued expansion of an already expanded government and
the amount of debt that the US economy is allowed to get
itself in
-
Social Security Act (1935)
Required states to make welfare funds available for:
Elderly poor
Unemployed
Unmarried mothers with children
The disabled
-
Federal pension program
Funded by employee and employer taxation
Seen as radical in the US during this time period
-
Created Ssec bureau
-
Excluded agricultural and domestic workers
Not entitled to social security benefits
These people are heavily raced and gendered
The benefits were not distributed in an equitable way
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National Labour Relations Act/Wagner Act
Gives power to unions/unionisation in the US
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Promised workers right to join unions
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Required employers to recognize and bargain with unions
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Outlawed blacklisting strike-breaking and discriminatory firings
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NLRB(oard) had power to investigate and punish violators
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Upswing of union membership during the 1930s
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Result: dramatic increase in union membership
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Fair labour standards act of 1938
National minimum wage
Prohibited oppressive child labour
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New Democratic Coalition
FDR upped populist rhetoric end of first term
-
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Document Summary

Public works, social welfare (distribution of money to poor people), tax reform. I, governor of california and how i ended poverty. People wanted to take the democratic party and wanted to move it in a more socialist direction. People should be able to use these facilities to do whatever they wanted with like making movies supporting the union or farming, etc. Becomes increasingly radicalized by the poverty he sees around him. Leftist activism worried people in the democratic party who did not want to be taken over by socialists. Affected how fdr framed the new deal going forward. Coincides to when fdr starts campaigning for re-election. Aimed to street the new deal into a more populist direction. Consumption had been the power of us economic growth, the. New deal isn"t giving people enough money to consume and inject money back into the economy to get it where it was and balance the economy.

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